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Issue 51

Oil News

  • QUOTA REDISTRIBUTION: THE CRUX OF OPEC'S PROBLEM
  • ALGERIA OPPOSES RAISING OPEC PRODUCTION CEILING AT GENEVA MEETING
  • Saudi Arabia Plans to Boost Output Capacity to 10mn b/d
  • Japanese/Korean Firms Win Contracts for al-Razi's Expansion Project
  • Boussena Retains Oil Portfolio in Cabinet Change
  • Kuwait Price Formula Remains Unchanged for 4Q
  • OPEC Production Projected to Rise to 30mn b/d by Year 2000
  • Nazer Will Not Attend OPEC's Geneva Meeting
  • Iran Allocates $10bn to Oil and Gas Projects
  • EGPC Awards Onshore Acreage in Suez Gulf Basin
  • Phillips Group Makes Discovery at South Umbaraka
  • Egypt Raises Oil Prices by 85 Cents/B for Second Half of September
  • EC Commission Adopts Mandate for Trade
  • Shell Discovers Oil in Tunisia
  • Publications Received
  • Netback Values

Financial & Banking News

  • France Reschedules $1.2bn Worth of Iraqi Debt
  • France and Iran to Resume Financial Negotiations
  • KIO Interest in Spanish Fertilizers Increases
  • Kuwaiti Pension Fund Buys Stake in Agnelli Holding Company
  • AID FLOWS

The Political Scene

  • The Middle East Situation
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